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20130224
Search Results 0 to 9 of about 10 (some duplicates have been removed)
on republicans warning that our economy, jobs, lives, could be in danger, if these scheduled cuts across the board go through. but the latest numbers show if the automatic reductions take place, there will be 85 billion dollars in cuts this year. that's equal to what the government spends in nine days. even if it happens, the government is projected more than last year, so he you see, we're talking about a decrease in the increase in spending and you may be asking yourself how can we survive and live on, with just the paltry amount of spending? well, where would we look for the example? how about last year when we did it just fine? all this leading to questions about how the fallout could be so dramatic. so dire, so awful. when the total federal budget is actually increasing. chris stirewalt is our national digital news editor. how can we do it? where can we find the historical example of the surviving on a budget that's cut in this manner. oh, last year. i mean, what's the answer to that. why are the politicians, you know, chicken littling us? >> well, remember this, if there , if there
to the increase in spending is bad news for the economy and he's trying to pump every nickel that he can out of public coffers. >> neil cavuto was talking about this the other day, neither the republicans nor the democrats like the so-called sequester and just for our viewers probably know already. 85 billion dollars in spending reductions, i guess. >> right. >> that have pain for both sides. a big defense cut and then cuts to domestic programs, so, the republicans don't like the former and the democrats don't like the latter. so there's plenty of pain there for both sides. but he was talking about the side that look at consternation over 85 billion. we've got 16 trillion going on 17 trillion dollar debt and they can't come anymore close. they're so outraged over this 85 billion about to be cut and can't reach agreement and demand more tax hikes and demand that cuts come from elsewhere. and this doesn't bode well for that 16 going on 17 trillion dollar debt, chris and any leadership, really, from anyone on tackling it. >> well, bowles and simpson are going out and-- >> those are the guys wit
at the white house yesterday. president obama flanked by first responders warning that their jobs, our economy, even our lives could be in danger if those spending cuts that he suggested and then signed into law actually take place. listen. >> or help the economy, won't create jobs. now, congress allowed this meat cleaver approach to take place. it will jeopardize our military readiness, emergency responders like the ones who are here today, their ability to help communities respond to and recover from disasters will be degraded. thousands of teachers and the educators will be laid off. hundreds of thousands of americans will lose access to primary care, and preventive care like flu vaccinations and cancer screenings. >> but if the president warns of devastating consequences, the wall street journal. chris stirewalt is our news power play live and stuart varney is anchor on the fox business network, great to see you both. stu, let me start with you, because we talked with chris a little about this yesterday. i'm interested in your take because the journal points out that this is a small percen
to be dropped? new developments in the troubling trend for americans and the nation's economy. gas prices shooting up nearly 50 cents in 60 days, taking a huge bite out of americans who are already earning less because of the payroll tax we got hit with the beginning of the year. according to the triple-a, the national average for a gallon of gasoline is now, 3.78. so when your car has a 20 gallon tank it will cost you more than 75 bucks every time you fill up. you don't need me to tell you that because you're experiencing it it and also means you're now paying $10 more per fill up than a month ago. the combination of soaring gas prices and higher taxes are not only threatening the larger economy, but the current administration as well. chris stirewalt our digital editor and host of power play live. and interesting to read your power play on foxnews.com because you talked about how this is the exact position that the republicans, who wound up getting creamed in that 2006 mid term he election, found themselves in when gas prices were soaring under president bush and wow, did the democrats
who are law abiding citizens, paying taxes and contributing to the economy. so i think both parties have an interest in getting this done. on the other hand, the republican party is caught between the far right and the tea party that may not want any action, and the rest wants to see the party win elections. maybe the goal is to muddy it up and blame obama for what is kind of a meaningless leak and moving forward and blame him in spanish, a better move. >> megyn: still, i'm trying to understand what the white house gets out of this. if the bipartisan deal, the-- the president's plan is not going to want to get through. the one that the republicans and democrats are so far-- but what does the president gain by doing this. the president begins what he believes to be a more painless mid term election cycle. the president took a beating in the last mid term elections and he believes he can lessen the amount of losses on his side of the house and senate, but let's face it. the president is not up for reelection, but house members and senate members are and if there is a deal to be made,
Search Results 0 to 9 of about 10 (some duplicates have been removed)